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Keith Sherin – the GE CFO – put out a press release that you can find here. I just want to extract one paragraph. Mr. Sherin said he expects the financial services business to be profitable for the first quarter and full-year 2009, and he addressed questions on the Company’s...

Desalination: A Component of the Master Water Plan Tampa Bay Water’s Master Water Plan is the blueprint to meet the region's water needs. The first configuration of Master Water Plan projects was approved for construction in October 1998. This first set of projects was needed to offset...

You should visit http://hedgefundjapan.com/ if you´re interested in Japanese hedge funds. Otherwise, take a look at www.eurekahedge.com Database, Asia oriented.

http://media.daimler.com/dcmedia/0-921-614216-1-1186924-1-0-0-0-0-1-11700-0-0-1-0-0-0-0-0.html?TS=1236471543526

The Baltic Dry Index, which tracks ships rates for vessels transporting dry commodities, continues to mount an impressive comeback after its massive crash in October 2008. On Friday the index rose 2.68 per cent to 2,225 points, its highest rate this year. The key question though is whether...

In the past it happened that investment banks "sell" recommendation for their friendly neighbourhood banks used to be the bottom for the stock "in play". ;=)

Berlin is growing impatient with Opel, the German carmaker, and General Motors, its embattled US parent, for their failure to come up with a convincing restructuring plan, a condition for the state aid they are seeking. A meeting on Friday between top GM executives including Fritz Henderson...

March 6 (Bloomberg) -- General Electric Capital Corp. is offering to buy back about $1.45 billion of debt as it tries to amend terms of the bonds. The financing arm of General Electric Co. is asking bondholders to amend a covenant in the securities that limits the unit’s ability to pledge...

March 7 (Bloomberg) -- European Central Bank Executive Board member Juergen Stark said cutting interest rates won’t remedy the financial crisis and pushing them too low may backfire. “The financial crisis can’t be solved with rate cuts,” Stark said in an interview to be published in...

If you ever observed investment bank´s recommendation philosophy, you would understand nazzdack´s suggestion. :cool:

Top U.S., European Banks Got $50 Billion in AIG Aid http://online.wsj.com/article/SB123638394500958141.html

http://online.wsj.com/mdc/public/page/2_3020-moneyrate.html Prime rates [ U.S. Effective Date: 12/16/2008 ] 52-WEEK Latest Wk ago High Low U.S. 3.25 3.25 6.00 3.25 Canada 2.50 3.00 5.25 2.50 Euro zone 2.00 2.00 4.25 2.00 Japan 1.475 1.475 1.875 1.475...

The beneficiaries of the government's bailout of American International Group Inc. include at least two dozen U.S. and foreign financial institutions that have been paid roughly $50 billion since the Federal Reserve first extended aid to the insurance giant. Among those institutions are...

Reuters article 2 years ago about Japanese retirees investment philosophy. Old story, but it shouldn´t be different today : http://uk.reuters.com/article/inDepthNews/idUST28598420070918

Wiping out a generation of Japanese investors and retirees ? LOL ! I read last year aboout Japanese housewives and retirees being very active in Forex markets - although not very successfull. :)

Citigroup’s stock price may be plumbing new depths, but Citi’s bankers are apparently doing a bang-up job landing deals, especially considering the state of the market. Citigroup grabbed the top spot on the mergers and acquisitions league table as of the beginning of March, according to...

LONDON (MarketWatch) -- German auto giant Daimler on Friday added to mounting evidence that the pace of the decline in luxury-car sales is slowing and that demand from China hasn't fallen away. Daimler climbed as much as 7% in Frankfurt after the auto manufacturer reported that sales of its...

Consulting firm Casey Quirk released its annual “Consultant Search Forecast” earlier today. The report is based on a survey of 64 investment consultants conducted in the fall (post-Lehman, pre-Madoff) by Casey Quirk and manager database provider evestment Alliance. This year’s report...

GE jumped 6 percent, halting a five-day retreat, after its finance unit offered to buy back $1.45 billion of debt.

LOL ! Nice weekend !